SOLD
Sold on 12 Feb 2024 for $1,450,000

2553 Point Nepean Road
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 115m2
Land area: 766m2
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Property Details for 2553 Point Nepean Rd, Rye

2553 Point Nepean Rd, Rye is a 3 bedroom, 2 bathroom House and was built in 1986. The property has a land size of 766m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Rye in the last 12 months.

Building Type
House
Year Built
1986
Floor Size
115m2
Land Size
766m2
Local Government
Mornington Peninsula
Lot/Plan
CP162162

Property History for 2553 Point Nepean Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,450,000
12 Feb 2024
  • 12 Feb 2024
    Sold for $1,450,000

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About Rye 3941

The size of Rye is approximately 17.7 square kilometres. It has 16 parks covering nearly 14.3% of total area. The population of Rye in 2011 was 8,159 people. By 2016 the population was 8,423 showing a population growth of 3.2% in the area during that time. The predominant age group in Rye is 60-69 years. Households in Rye are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rye work in a trades occupation. In 2011, 72.7% of the homes in Rye were owner-occupied compared with 71.6% in 2016.

Rye has 9,966 properties. Over the last 5 years, Houses in Rye have seen a 50.70% increase in median value, while Units have seen a 25.50% increase. As at 30 September 2024:

  • The median value for Houses in Rye is $1,041,400 while the median value for Units is $607,386.
  • Houses have a median rent of $595 while Units have a median rent of $480.
There are currently 89 properties listed for sale, and 8 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 312 properties were sold in the past 12 months in Rye.

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